🔍 ENS Analysis – Resistance Test at $24.53 🔍
🌐 Ethereum Name Service is testing resistance near $24.53, with traders watching for a breakout or rejection. Momentum is building, and structure favors continuation if confirmed.
📈 Technical Analysis
- Trend: Bullish with consolidation
- Support: $23.20 and $21.80
- Resistance: $25.80 and $27.40
- Pattern: Ascending triangle on 4H
- Volume: Increasing near resistance
- RSI: Near 67, bullish zone
- Outlook: Bullish if $25.80 breaks
📰 Market Data & News
- Price: $24.53
- 24h Change: +2.5%
🔄 Scenario Breakdown
- Bullish Case: Break above $25.80 targets $27.40; SL below $23.20
- Bearish Case: Rejection at $25.80 may drag price to $21.80; SL above $25.80
📊 Sentiment Meter
📈 Bullish Momentum – Strong setup, rising volume
⚠️ Risk Level
🟡 Medium – Resistance test, confirmation pending
💬 ENS is pressing against resistance—will it break through or fade?
📢 Reminder: This is educational content. No guarantees, no advice—just charts, data, and perspective.
ENS #BinanceSquare
